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MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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Biography

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex broker to obtain a Swiss banking license. Since its foundation in 2003, MIG BANK specializes in online Forex trading and remains a leading Forex broker for clients in more than 120 countries.

  • AUD/USD: Technical Deteriorations Are Increasing

    Published 29 October 2013 | viewed 0 times

    AUD/USD has thus far failed to break a key resistance area (50% retracement, 200 day moving average and 0.9792). The recent break of the support…

  • EUR/USD: Grinding Higher

    Published 28 October 2013 | viewed 0 times

    EUR/USD has broken the key resistance at 1.3711 (01/02/2013 high), opening the way for a move towards the key resistances given by the long-term declining…

  • USD/CAD: Challenging The Resistance Area Between 1.0420 and 1.0436

    Published 25 October 2013 | viewed 0 times

    USD/CAD has likely started a new phase of strength. A test of the declining channel (around 1.0515) is at least expected. Monitor the test of…

  • EUR/USD: Moving Higher

    Published 24 October 2013 | viewed 0 times

    EUR/USD has broken the key resistance at 1.3711, opening the way for a move towards the key resistances given by the long-term declining trendline (around…

  • Gold: Making New Highs

    Published 23 October 2013 | viewed 0 times

    Gold has broken the resistance at 1331. The short-term technical structure is positive as long as the support at 1310 holds. Resistances stand at 1354…

  • USD/JPY: Retracing Its Previous Decline

    Published 22 October 2013 | viewed 0 times

    USD/JPY is retracing its previous decline which started at 99.01. The resistance implied by the 61.8% retracement lies at 98.45. Another resistance is at 99.01.…

  • Gold: Monitor The Resistance at 1331

    Published 21 October 2013 | viewed 0 times

    Gold's bounce is challenging the resistance at 1331. Another resistance stands at 1354. A further short-term bounce is favoured as long as the initial support…

  • AUD/USD: Approaching The Resistance at 0.9666

    Published 18 October 2013 | viewed 0 times

    AUD/USD's rise is now approaching the resistance at 0.9666. We continue to favour a short-term bullish bias as long as the initial support at 0.9605…

  • EUR/USD: Moving Sideways

    Published 17 October 2013 | viewed 0 times

    EUR/USD is moving within its horizontal range defined by the key support at 1.3462 and the resistance at 1.3607. A break of the initial resistance…

  • AUD/USD: A New Leg Higher is Likely Underway

    Published 16 October 2013 | viewed 0 times

    AUD/USD has broken to the upside out of its horizontal range between 0.9388 and 0.9485. Further short-term strength towards the resistance at 0.9666 is likely.…

  • Gold: Challenging its Key Support at 1268

    Published 15 October 2013 | viewed 0 times

    Gold has thus far failed to significantly rise despite the proximity of the key support at 1268. Coupled with the declining trendline, the shortterm outlook…

  • EUR/USD: Retracing its Recent Decline

    Published 14 October 2013 | viewed 0 times

    EUR/USD continues to retrace its decline, which started on 3 October at 1.3646. The resistance implied by the declining trendline is challenged. Another resistance is…

  • Gold: Approaching its Previous Low at 1277

    Published 11 October 2013 | viewed 0 times

    Gold remains capped by its declining trendline. Prices are now close to their previous low at 1277 and to the key support at 1268. Hourly…

  • EUR/USD: Approaching The Key Support at 1.3462

    Published 10 October 2013 | viewed 0 times

    EUR/USD has broken its recent low at 1.3539, confirming a short-term corrective phase. The second declining leg is now close to the key support at…

  • USD/CAD: Moving Higher

    Published 09 October 2013 | viewed 0 times

    USD/CAD has rebounded after testing the 200 day moving average. The break of the resistance at 1.0358 favours a second leg higher towards the resistance…

  • AUD/USD: The Resistance at 0.9458 is Challenged Again

    Published 08 October 2013 | viewed 0 times

    AUD/USD has bounced near the support at 0.9285 (see also 38.2% retracement). A break of the hourly resistance at 0.9458 would strengthen the case for…

  • USD/JPY: Drifting Lower

    Published 07 October 2013 | viewed 0 times

    USD/JPY remains capped by its declining trendline. Monitor the support at 96.82 (28/08/2013 low). Another support stands at 95.81. Resistances are at 97.87 and 98.73…

  • Silver: Monitor The Resistance At 22.13

    Published 04 October 2013 | viewed 0 times

    Silver has thus far successfully tested the key support at 20.63 (see also the rising trendline). A break of the resistance at 22.13 is needed…

  • EUR/USD: Making New Highs

    Published 03 October 2013 | viewed 0 times

    EUR/USD has decisively broken the resistance at 1.3569 (19/09/2013 high), opening the way for a move towards the key resistance at 1.3711. An initial support…

  • USD/CAD: Short-Term Momentum is Improving

    Published 02 October 2013 | viewed 0 times

    USD/CAD has bounced after testing the 200 day moving average. Monitor the resistance at 1.0358. A break of that level would open the way for…

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